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PRA publishes feedback to responses to Consultation Paper 21/19

The Prudential Regulation Authority (PRA) issued a Policy Statement on Credit Risk: PD and LGD estimation (PS11/20), which provides feedback on responses to last year's Consultation Paper 21/19.

The Impact of COVID-19 on IFRS9 and the Definition of Default: Fintegral’s Opinion

In these uncertain times, many of our clients have asked us how to deal with the impact of COVID-19 on IFRS9 and the Definition of Default. Read our published opinion on how to incorporate the regulatory guidance.